MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report) fell 5.9% during trading on Monday . The company traded as low as $22.90 and last traded at $22.4340. 3,320,318 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 6,585,995 shares. The stock had previously closed at $23.84.
MicroSectors FANG+ 3X Leveraged ETN Price Performance
The company has a market cap of $1.84 billion, a price-to-earnings ratio of 37.17 and a beta of 4.35. The business’s 50-day simple moving average is $18.63 and its 200-day simple moving average is $24.18.
MicroSectors FANG+ 3X Leveraged ETN Company Profile
The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.
Further Reading
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